[Answered] You take out an installment loan to purchase a time-share costing 18,000. You make a down payment of ...

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fnuegbu

Hero Member
Posts: 539

on: Jun 24, 2018

You take out an installment loan to purchase a time-share costing 18,000. You make a down payment of 2,700 and finance the balance by making monthly payments of 762 for 24 months. Use Table 13-1 from your text to find the APR.
A) 17.50
B) 17.75
C) 18.00
D) 18.25

Question 2

Underline the key word(s) and translate into an expression: R times S times 192

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shaquita

Sr. Member
Posts: 324

Reply #1 on: Jun 24, 2018

Answer to Question 1

B

Answer to Question 2

R times S times 192
192RS

fnuegbu

Hero Member
Posts: 539

Reply #2 on: Jun 24, 2018

Thank you

shaquita

Sr. Member
Posts: 324

Reply #3 on: Jun 24, 2018

Happy to help you

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Author Question: You take out an installment loan to purchase a time-share costing 18,000. You make a down payment of ... (Read 59 times)

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